Prices in Listings
All prices on DPA are shown in the local currency of the United Arab Emirates (UAE), which is the UAE 'Dirham'. All property listings show pricing amounts in UAE Dirhams (AED).
For your convenience, DPA offers indicative pricing in several currencies. You can choose to show approximate equivalent pricing by selecting the currency of your choice in your account preferences e.g. in Euro (EUR), in Great Britain Pound (GBP) or United States Dollar (USD) etc.
In
order to change your preferred currency, do the following:
- Sign into your Account and look under the 'My Preferences'
box.
- Next to 'Currency', you will find an acronym (e.g. GPB)
for a currency. Click this link.
- Browse the drop-down menu to select the currency of your
choice and confirm your selection.
- You will now be able to view prices on DPA in your preferred
currency.
Property Payment
Schedule
Most properties on DubaiPropertyAuctions (DPA) are 'off-plan' properties. This means that they are in the process of being built and so the total Purchase Price is not due upfront in order to obtain the property. Depending on their construction schedule, different properties have different payment schedules. Typically, the further along a property is to completion, the more deposit will be required.
The Payment Schedule for each property is indicated at the bottom of its Property Details page. The Payment Schedule includes the 1% Reservation Fee, the Balance Deposit (the Reservation Fee and the Balance Deposit is required to be paid to transfer the property into the Buyer's name) and future payments that will be due to the developer. See below:
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